BILL NUMBER: AB 1339 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Maienschein
FEBRUARY 22, 2013
An act to amend Section 6535 of the Business and Professions Code,
relating to professional fiduciaries.
LEGISLATIVE COUNSEL'S DIGEST
AB 1339, as introduced, Maienschein. Professional fiduciaries:
licensing.
The Professional Fiduciaries Act creates the Professional
Fiduciaries Bureau within the Department of Consumer Affairs and
requires the bureau to license and regulate professional fiduciaries,
as specified.
This bill would make a technical, nonsubstantive change to these
provisions.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 6535 of the Business and Professions Code is
amended to read:
6535. The bureau shall approve or deny licensure in a timely
manner to applicants who apply for licensure. Upon approval of a
license, the bureau shall notify the applicant of issuance of the
license, and shall issue a license certificate identifying
him or her the applicant as a "licensed
professional fiduciary."